Caio Koch-Weser

Caio Koch-Weser "is highly qualified to guide the International Monetary Fund for the years ahead given his broad high level of international experience.

"Born and raised in Brazil, Caio Koch-Weser studied economics in Germany and worked in the US as well as now in Germany. His illustrious career during more than 25 years in the World Bank led him from being a junior economist to the position of Managing Director, a level just below the President. He gained a wide range of experience in key strategic areas and all regions of the world, and worked in close cooperation with the Fund: In the early 80s, he advised the Chinese government on China's integration into the world economy and economic reform. As Director for West Africa, he worked closely with African member countries in fighting poverty and laying the basis for sustainable development. He managed annual refinancing as well as liquid assets of the World Bank in his position as Deputy Treasurer. As Vice President for Middle East and North Africa he played a central role in developing, negotiating and implementing the economic reconstruction program for Palestine, in close cooperation with the Palestinian leadership and Israel's leadership and cabinet. He also chaired the Group of donors for Palestine. From 1996 to 1999 he was Managing Director Operations of the World Bank and chaired the World Bank's Policy Committee. During the Latin America-, Asia- and Russia-crises he played a central role in formulating and negotiating the World Bank's response to the crises. His name is well known and respected by political leaders and economic reformers around the world.

"As Germany's Deputy Minister of Finance since early 1999 he is in particular responsible for international monetary and financial issues such as the reform of the international financial architecture and for European monetary and financial affairs as well as European economic integration. He is also in charge of domestic banking supervision and reform. During the German EU and G7 presidencies, he was pivotal in strengthening and deepening the HIPC-Initative as eventually agreed in Cologne, a milestone in fighting poverty."


 * Founding Council Member, European Council on Foreign Relations
 * Advisory Board, Global Public Policy Institute